Firm introduces plans to expand existing team and services catering to UHNW clientele NEW YORK, Jan. 29, 2024 /PRNewswire/ -- Bernstein Private Wealth Management (Bernstein), a unit of AllianceBernstein L.P. (NYSE: AB), today announced the expansion of its Ultrahigh-Net-Worth (UHNW) Platform with an offering designed to help clients navigate the growing complexities of wealth and build a multigenerational legacy. Bernstein's UHNW Platform currently serves more than 1,290 individuals and families with an ave ...

NASHVILLE, Tenn., Jan. 24, 2024 /PRNewswire/ -- AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) today announced that Fourth Quarter 2023 financial and operating results will be released after the market closes on Tuesday, February 6, 2024. Management will conduct a teleconference on February 7, 2024, beginning at 9:00 am (CT), to discuss the results. The call will be hosted by Seth Bernstein, President and Chief Executive Officer; Bill Siemers, Interim Chief Financial Officer; Onur Erza ...

Momentum investors ride bullish trends where buyers are in control, with the strategy particularly potent over the last year amid the market’s turnaround.And the momentum has carried over into 2024 for several stocks, including Carrols Restaurant Group (TAST) , AllianceBernstein (AB) , and Toyota Motor (TM) . Below is a chart illustrating the performance of each year-to-date, with the S&P 500 blended in as a benchmark.Image Source: Zacks Investment ResearchIn addition to favorable price action, all three sp ...

Investors might want to bet on AllianceBernstein (AB) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this investment management company, should get reflected in its stock price. After all, empirical research shows a strong co ...

Investors looking for stocks in the Financial - Investment Management sector might want to consider either AllianceBernstein (AB) or SEI Investments (SEIC) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, January 11th:Compañía Cervecerías Unidas S.A. (CCU) : This South American beverage company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 5.1% over the last 60 days.Cervecerías Unidas has a price-to-earnings ratio (P/E) of 11.91, compared with 16.50 for the industry. The company possesses a  Value Score  of A.AllianceBernstein Holding L.P. (AB) ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 11th:Compañía Cervecerías Unidas S.A. (CCU) : This South American beverage company has witnessed the Zacks Consensus Estimate for its next year earnings increasing 5.1% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 1.2%, compared with the industry average of 0.0%.AllianceBernstein Holding L.P. (AB) : This investment management company has witnessed the Zacks Consensus Est ...

NASHVILLE, Tenn., Jan. 10, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management increased to $725 billion during December 2023 from $696 billion at the end of November. The 4% AUM increase was driven by market appreciation with slight firmwide net outflows. By channel, December net flows were flat within Institutions and Retail, while Private Wealth posted minimal net outflows. AllianceBern ...

AllianceBernstein Holding LP (AB) received a license to operate its wholly-owned mutual fund business in China. The news was reported by Reuters."AllianceBernstein will offer Chinese investors onshore investment products and solutions, and help them explore opportunities in China's domestic market," the company noted in a statement posted on its WeChat account.This makes AB the latest foreign asset manager to leverage China's $3.8-trillion mutual fund market.Markedly, in 2020, China removed limitations on f ...